Answer:
Cash balance is $85,000
Explanation:
In determining the cash balance of the period, we must know how much is the inflow and outflow of the cash for the period and add it or deduct to the beginning balance. It is simply, beginning balance plus inflows less outflows. February is the first month of the operation of Schwenn Enterprises, that only means the possible beginning balance of the cash is the cash investment. So to further discuss it clearly, let’s do the computation.
Beginning balance on February $100,000
Add: inflow
Cash sales $20,000
Less: outflow
payment on expenses $35,000
CASH BALANCE AT FEBRUARY 28 $85,000
Answer:1. Fixed Cost
...2. Variable cost
3. Farmland.
Explanation:
Fixed cost remains fixed no matter the change in output eg cost of building, whereas a variable cost change as the level of output increase e.g raw material cost.
The land is example of fixed cost to a famer which does not vary with the level of output.
Answer :
. a proposed firm's goals, strategy for achieving them, and standards for measuring success.
Explanation:
A business plan is a proposed firm's goals, strategy for achieving them, and standards for measuring success.
The business plan outlines how the firm will meet it set goals and objectives and the strategy it will use in achieving them. It must also include how the firm will measure it's success.
It is a written orderly statement of the firm's goals ,methods of achieving the set goals and how it will measure its achievement.
Business plan gives the organisation a sense of purpose.
Smiling and staying positive and taking notes for further reference are the essentials of a successful informational interview.
<h3>
What are the essentials of an informational interview?</h3>
A set of questions asked towards building a conversation with a person having expertise and achievements in the related interests comprises an informational interview.
The two most important points to be considered while taking an informational interview are:
- Staying positive and giving smile expression throughout the course of the conversation.
- Taking important notes so that further questions may be asked in that regard.
Hence, options A and D hold true regarding the informational interview.
Learn more about informational interview here:
brainly.com/question/15727785
#SPJ1
Answer:
Option C. Increasing volume substantially reduces production costs.
Explanation:
Skimming pricing is the strategy to charge the customer relatively high price because the product is innovative.
Option A is incorrect argument against skimming strategy because the argument would be in favor if there large potential customers in the market whom the company can charge higher prices.
Option B is also incorrect argument against skimming strategy because the high initial price of the product will not attract competitors because the product is in its growth phase.
Option C is correct argument against skimming strategy because selling at a lower price will enable the company to sell higher number of products which will enable the company to gain economies of scale which would reduce the production costs substantially.
Option D is incorrect argument because customers interpret the high price as signifying high quality which is again in the favor of the company's skimming strategy.
